China welcomed US tech billionaire Elon Musk with an unusually large welcome on his first visit in three years. Finally, Musk paid a late night visit to the Tesla factory in Shanghai before the Tesla and Twitter boss’s private jet flew back to the United States on Thursday. Musk was received in China not only by Foreign Minister Qin Gang, but also by Commerce Minister Wang Wentao and Industry Minister Jin Zhuanglong.
“A very valuable day,” Tesla spokeswoman Grace Tao wrote of photos of Musk with employees visiting the Tesla factory, which contributes to more than half of the U.S. company’s global electric car production. The 51-year-old billionaire hailed the factory, which was built in 2019, as “one of the most productive factories in the world,” according to China’s online service Sina.
Musk, who tweets a lot by the way, did not comment on his short message service during his two-day visit, which is anyway blocked by state censorship in China. Whether the Twitter ban was a topic of his conversations remained open. In any case, it was about the tense relations between China and the United States and the production of electric cars, according to Chinese reports.
“Big Brother Mom”
Accordingly, Musk expressed his admiration for China’s development, praised the Chinese as “hardworking and wise” and warned against a decoupling of the two largest economies. Musk is said to have said he wants to expand his business in China. The world’s largest auto market, which relies heavily on electric cars, recently contributed to one-fifth of Tesla’s global sales. Chinese manufacturers dominate the domestic market, thanks in part to generous government subsidies.
Chinese netizens praised the controversial billionaire, who also runs the aerospace company SpaceX but has little luck with Twitter, as a “hard-working entrepreneur”, “charismatic personality” and also as “big brother Ma” because of his Chinese name “Ma Sike”. “. “Ma” is the sign of horse.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
